The biggest news stories of 2016

Nov 8: Modi government announced demonetisation

Making its most impactful decision since coming to power, the Narendra Modi government on November 8 announced that Rs 500 and Rs 1000 notes would cease to be legal tender post midnight. The government said that the move was aimed at combating black money menace and terror funding. The move has evoked mixed reactions. While some find it to be a bold step against black money, some feel that the government did not prepare for it, causing trouble to the common man. New notes of Rs 500 and Rs 2000 were introduced.